Banking

The Lloyds Banking Group is to close 200 of its branches. It says the move is aimed at improving efficiency and customer service – but what does it tell us about the future of banking in Britain?

Average UK bank customers may not be using the fast-growing internet currency bitcoin just yet, but as CNBC’s UK Business Editor Helia Ebrahimi reports, authorities would do well to take it seriously.

The latest YouGov poll on Scotland’s independence referendum puts the ‘Better Together’ campaign back in the lead – the first time the no campaign has gained ground since the start of August.

Nobel prize winning economist Paul Krugman joins Professor Andrew Hughes-Hallett, who sits on the Scottish government’s Fiscal Advisory Board, to talk about what independence could mean for banks.

Royal Bank of Scotland and NatWest are fined £14.5m after the City regulator finds “serious failings” in its advice to mortgage customers.

The Bank of England confirms plans for a tough new regime for reckless bankers allowing bonuses to be clawed back seven years after they are awarded.

Barclays is scrambling to clear its name after the New York state attorney filed a law suit over the operation of what is known as its “dark pool”. CNBC’s UK Business Editor Helia Ebrahimi reports.

News that UK house prices are soaring echoes economist Thomas Piketty’s warning that in the west we can now earn more by owning things than by working. Will the social fabric disintegrate as a result?

“The biggest risk” to the UK economy comes from the booming housing market, Mark Carney warns, as he suggests the Bank of England may step in to stop a “big debt overhang” building up.

Barclays announces it is cutting 7,000 jobs from its investment bank – on top of the 12,000 announced earlier this year – as part of a new strategic review.

The Labour party is looking to change its long-standing relationship with the troubled Co-operative Bank, according to reports.

Shareholders approve Barclays’ bonus pool package despite heated accusations that the bank is “paying for Manchester United but getting Colchester United”.

West Yorkshire Police charge the former chairman of the Co-op bank with two counts of possessing a class A drug and one of possessing a class C drug.

Former City minister Lord Myners, who has been driving reform of the embattled Co-operative Group, quits the company’s board.

In the City they are hot property. Cocos (contingent convertible capital) are meant to protect taxpayers. So why the nickname “death spiral securities”? CNBC UK Business Editor Helia Ebrahimi reports.